Economy rebounds to 2% growth in Q1, spurred by AI spending

The Latest

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  Nvidia hands new accounting chief $12.9M in RSUs

  Next month Intel veteran Scott Gawel will join Nvidia, succeeding Donald Robertson, the AI chip giant’s longtime chief accounting officer.

  Financial Reporting

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  Sponsored by Woodrow

  Vibe coding got finance excited about AI. Now what?

  Finance teams are finally pulling the AI lever themselves. The real test starts after the prototype.

  Strategy & Operations

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  CFOs expect smaller finance teams, fewer junior roles amid AI push: survey

  As AI and global uncertainty heighten the finance function’s role, CFOs are looking for new technologies and more experienced professionals to staff their teams.

  Technology

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  AI could unlock 10 margin points of growth for CFOs by 2029: Gartner

  “To capture the margin upside, CFOs need to align AI and technology investments to business outcomes,” Gartner’s Mike Helsel said.

  Technology

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  Former Waste Management CFO to women: Don’t wait for perfect

  The importance of extending grace is one of the lessons Devina Rankin shared as she reflected on a decades-long career at the Houston-based company.

  Strategy & Operations

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  Consumer confidence unexpectedly inches up as view of jobs brightens

  The improved outlook among consumers toward the labor market bolsters the argument among Federal Reserve officials opposing a cut to the main interest rate.

  Strategy & Operations

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  GM raises guidance on $500M tariff refund expectation

  It’s unclear when the projected refund might be received, GM CFO Paul Jacobson said.

  Financial Reporting

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  CFOs lean on AI, ‘synthetic audiences’ to decode consumer behavior

  Companies like Albertsons are using AI to interpret shopping patterns and increase basket sizes in real time.

  Strategy & Operations

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  Hasbro expects March cyberattack to impact second-quarter revenue

  The toymaker is reviewing files and working to fully bring certain systems back online. The company will incur some costs related to the investigation.

  Risk Management

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  Opinion

  Why AI poses a unique ROI challenge for accounting firms

  AI is exposing the limits of ROI frameworks rooted in billable-hour models, writes Thomson Reuters accounting expert Elizabeth Beastrom.

  Technology

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  Bob’s Discount Furniture CFO stresses need for pricing elasticity

  Providing an “emotional price point” attracts consumers as they confront a world roiled by “perma-crisis,” Bob’s Discount Furniture CFO Carl Lukach said.

  Technology

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  Nike cuts 1,400 roles as it reshapes technology team

  The athletic apparel brand’s layoffs follow a pattern of tech job losses in 2026, as companies assess talent needs amid AI deployment strategies.

  Technology

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  IFS hires Atlas, Berkshire Hathaway alum for CFO role

  Ryan Courson joins the industrial AI software provider as it seeks to raise its profile with tie-ups to Cadillac Formula 1 racing and the Chelsea Football Club.

  Leadership

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  Opinion

  What CFOs can learn from America’s interstate highway system

  Banking providers should be seeking to build a “financial highway” in North America, Scotiabank’s John Hunter writes.

  Leadership

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  Consumer sentiment sags to record low following gas price surge

  Consumer expectations for inflation over the long term increased this month to 3.5%, the highest level since October 2025.

  Strategy & Operations

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  P&G expects $150M earnings hit from Middle East conflict

  Amid the disruption, the company is using tools such as data analytics to support rapid product reformulation and supplier diversification, CFO Andre Schulten said.

  Strategy & Operations

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  FASB steps toward extending ‘portfolio layer’ hedge rules to liabilities

  The insurance industry has long sought the change for hedge accounting related to life insurance policies and other interest-rate sensitive liabilities.

  Financial Reporting

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  Expedia names ex-Snap CFO as finance chief

  Snap CFO Derek Andersen will succeed Scott Schenkel as finance chief for the travel platform beginning May 11.  

  Leadership

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  WVU’s incoming CFO cited in Ohio State probe

  Days after being named CFO of West Virginia University, Chris Kabourek has been embroiled in an ongoing scandal surrounding his previous employer.

  Leadership

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  The AI journey isn’t a ‘sprint,’ Trintech CFO says

  As business leaders responsible for “mission-critical” processes, CFOs should focus on ensuring that artificial intelligence is reliable and auditable, Trintech CFO Omar Choucair said.

  Technology

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  ServiceNow CFO says Middle East conflict delayed large deals

  The finance chief said several Middle East on-premise deals slipped during the first quarter though the software firm’s full-year outlook remains in tact.

  Financial Reporting

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  Iran war slows growth in services, manufacturing: S&P Global

  Worries about war-induced inflation, supply bottlenecks, the cost of living and government policy have eroded sentiments among services companies, S&P Global said.

  Strategy & Operations

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  CFOs feel healthcare pain rising as GLP-1s stretch budgets: Mercer

  Average healthcare costs for U.S. employers are expected to rise 6.7% this year, hitting a 15-year high.

  Strategy & Operations

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  Ex-CFO embezzled $1M for luxury purchases, Chicago jury finds

  Former CFO Tina Feuerstein used a company Amex to make thousands of dollars in purchases at luxury brands, according to the indictment.

  Compliance

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  Job seekers avoid postings with no salary transparency, report finds

  The findings suggest candidates are paying attention to compensation as well as what job postings signal about fairness and respect for their time, Monster says.

  Strategy & Operations

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  Gummy bear-maker Haribo of America CFO departs

  Haribo of America’s former CFO Wes Saber helped develop the candy maker’s first U.S. factory, which opened in Wisconsin in 2023.

  Leadership

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